Breitbart News Network Closes $10M Equity Funding

According to a Filing with the U.S. Securities and Exchange Commission (Form D), Breitbart News Network, LLC, a Los Angeles, CA-based news and analysis aggregator, has closed a $10m equity funding round.

Investors remained undisclosed.

Led by CEO Andrew Breitbart and President Laurence Solow, Breitbart.com aggregates, and offers real-time access to, news and analysis sources. It allows users to monitor feeds (even video) from wires, newspapers, networks, blogs, etc.
The company is currently working on a new site – Breitbart.tv, which will be dedicated to news video, and add community features to allow users to comment on stories and customize the sources.

According to the website, Breitbart currently serves approximately 20 million news pages per month to more than three million unique visitors.

FinSMEs

26/09/2011

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